Spotify reaches 60 million paid subscribers

STOCKHOLM – According to thelocal.se, Spotify the Swedish music streaming company now has 60 million paying subscribers, expanding its lead in the fast-growing world of music streaming. Spotify which started in 2008 is currently available in 60 countries and continues to distance itself from its competitors. Other streaming services include Apple Music, Deezer, Jay-Z’s Tidal and Rhapsody, which has rebranded itself as Napster.